Success Tax Professionals

Success Tax Professionals (STP) takes a different approach to building a true non-seasonal Accounting, BAS and Tax Practice.  We provide intensive ongoing training and support in multiple areas of business and customise value added programmes for each franchisee's growth.  Essential to our business focus is that no two franchisees are the same or at the same level of business development. 

OUR FRANCHISE ACCOUNTANTS AND THE MARKET 

The accounting and taxation market in Australia is estimated at being $14 billion per annum.  

Success Tax Professionals franchisees are trained to offer the full range of services to the market, resulting in continuous work.  Services include:  

1. Preparation of taxation returns for individuals and businesses.
2. BAS and accounting, including end of year accounts. 
3. Proactive taxation planning.
4. Self Managed Superannuation Funds (set-up, accounts, taxation and audit).
5. Business structures (incorporation of companies or other structure set-up, advice and planning). 

BENEFITS OF OUR FRANCHISE AND BRAND  

1. Low cost and tax deductible investment of only $11,000 (including GST) to join.  
2. Large territory with a 20 year franchise term and option to renew.  
3. Franchisees operate their own business and can make up to $250 per hour.  
4. Use of proven systems, programmes and intellectual property to simplify the work environment.  
5. Assistance to acquire Tax Agent Registration.  
6. Potential capital gain on future sale of the business.  
7. Marketing analysis and assistance, plus group promotion to gain clients.  
8. Free extensive ongoing training, supervision and support.  
9. Tax Training Manuals to reinforce professional development provided.  
10. Comprehensive Franchise Operations and Marketing Manuals.  
11. Start-up advertising to the value of $1,000 plus the first year of tax software provided on commencement.  
12. Ongoing marketing and advertising support including assessment of market demographics, design services, sourcing of service providers and production of material.  
13. Networking and co-working opportunities with other franchisees to facilitate business growth and economies of scale - e.g. joint advertising, sharing of office space and even practice acquisitions.  
14. Tailored business support and advice for starting, moving forward (transitioning) and expanding business.  
15. Professional Indemnity Insurance coverage.  
16. Brand recognition.   

QUALIFICATIONS AND SUITABILITY

As a guide we require an applicant to hold an accounting degree or diploma, or have completed at least 50 percent of their course with a definite commitment to finishing studies.  It is not necessary to have Registered Tax Agent status due to the unique structure of our franchise which legally bridges this requirement.  Being prepared to work towards tax agent status after joining is however important.  

Part-time operation is permissible for up to two years.  All franchisees must be operating their franchise on a full-time basis and from commercial premises within the two year period.   

Our programmes assist accountants to either achieve the transition or to commence immediately with a full-time commercial focus.    

SUITABLE BACKGROUND

There are no specific conditions.  Our franchise is flexible and adaptable.  Examples of suitable backgrounds include mature aged students, migrants with overseas accounting qualifications, Australian accountants wanting to benefit from brand recognition, company accountants seeking to move into public practice, suitably skilled bookkeepers and tax preparers, or even those holding an accounting qualification who have perhaps never even worked in the industry.    

FRANCHISEE STORIES

As at July 2011 there are over 50 Success Tax Professionals franchisees.  Every member's path has been different.  We work as a virtual team with all of our accountants and build a strong interactive network.  Some of our accountants start out part-time and others choose to be full-time from the beginning.  An important feature of our business is that we build and review customised business plans in consultation with our members to facilitate achievement of targets and goals.  Our organisation is highly focussed on best practice and continuous improvement.  All of our members contribute to the evolution of our business and brand.    

Audrey de Beer: Full-time Office, Joondalup, WA:  

"I joined STP in 2003 on a part-time basis.  I originally came from South Africa and my tax qualifications were not recognised in Australia.  I wanted to run my own tax business but couldn't as I wasn't a tax agent.  I was therefore working below my potential as a bookkeeper.  STP provided me with the ideal framework.  In June 2005 I became a Registered Tax Agent in my own right, and now in 2010, with staff,  I'm making $220,000 profit and have a business asset worth $450,000.  

Over the next three years my goal is to double the size and profits of the business.  This is a very realistic goal."  

Trevor van Luinen: Full-time Office, Kalamunda, WA:  

"The technical support and training provided by STP has provided me with the confidence to manage complex work and consequently take on the higher paid forms of work out there.  Without the training and mentoring I would not have been able to demonstrate practical experience in all areas necessary for tax agent status.  

Even with tax agent status the ongoing training is an absolute must as it gives you exposure to advanced material, new information and specific training to provide services that add value.  Without this you can't successfully grow a business.  Keeping up with change and understanding how to apply change is critical."  

Mark Vernal: Full-time Office, Safety Bay, WA:  

"STP Head Office helped design the signage for my office so all the artwork was brand compliant, and they also contracted a reputable service provider to install the signs, so the job came in on budget and with a quality finish.  Flyers, advertisements and other promotional material that I have asked for have either been designed from scratch by Head Office or co-designed to incorporate my own ideas.  This service creates a lot of flexibility and removes the problems often associated with using service providers.  The material is also designed to have optimal effectiveness and minimize wastage.  

Another great aspect of STP is having access to all the important forms, tools and checklists for interviewing clients, collating source documents and making everything legally compliant."  

Lynne Jones: Full-time Office, Melville, WA:  

"I started out part-time and then STP Head Office helped me to purchase a practice in my second year (June 2008) as I wanted to have a good sized client base and immediate income.  I was still studying for my accounting qualification at the time of purchase.  The terms and conditions for purchase were very affordable, low risk and negotiated carefully by Head Office (including assistance to obtain finance).       

In 2010, I decided to relocate for family reasons. STP Head Office have now sold my practice for me and are sourcing another practice in Victoria so I can relocate with an immediate client base and income.  

The levels of support provided are exceptional and very one to one, based on your business plans, goals and circumstances."          

MORE INFORMATION

Click on the Visit Website link or fill out the Enquiry Form above for a full Information Package, available on request.